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Jan 23, 2018
01/18
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BBCNEWS
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christine lagarde from the international monetary fund. the us government shutdown is over at least for now. shares surging on the news wall street's main indices hitting record closing highs, the dow up by 0.5% and the nasdaq gaining 72. the senate has struck an agreement to keep the government funded until the eighth of february. i asked our business reporter in new york samira hussain if there was an impact on the economy. it was such a short time period, meaning the cost to the economy in the us will be negligible. lots of us agencies had funding to allow them to extend days of work by at least a week. the real impact would have been minimal, especially if you compare it to the last shutdown we saw in the us in 2013, it lasted a bit longer and there were many more federal employees that were furloughed and that have a greater impact on the overall gdp. it was estimated 0.3% of an impact to the economic impact was made. is there any guarantee we won't be in the same situation in a few weeks? that's the big question. they are now funding
christine lagarde from the international monetary fund. the us government shutdown is over at least for now. shares surging on the news wall street's main indices hitting record closing highs, the dow up by 0.5% and the nasdaq gaining 72. the senate has struck an agreement to keep the government funded until the eighth of february. i asked our business reporter in new york samira hussain if there was an impact on the economy. it was such a short time period, meaning the cost to the economy in...
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Jan 30, 2018
01/18
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CSPAN2
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so we don't have much time, some extra with you, christine lagarde? the suggestion was made that productivity growth is slowing in part because of what some of fundamental drivers, particularly urbanizing slowing. that's very important. we shouldn't be surprised productivity growth is slowing in emerging and developing countries. on the other hand, there still a huge backlog of productivity enhancing investments the clerk can make because many of them still are relatively poor. how does the imf see the balance here? >> of it like you did. >> oh, dear. >> i think the urbanization, when it goes through projects, n a lifetime from the beginning of the project, financing, the implication is so, so forth, that is clearly a slowing down factory. this is not just it. there's also population aging, maybe not so much in some of the emerging market economies. there's also delayed investment over the course of the last few years which is not helped. there are multiple factors that are affecting it, but increased urbanization is one of them. can i i just say one
so we don't have much time, some extra with you, christine lagarde? the suggestion was made that productivity growth is slowing in part because of what some of fundamental drivers, particularly urbanizing slowing. that's very important. we shouldn't be surprised productivity growth is slowing in emerging and developing countries. on the other hand, there still a huge backlog of productivity enhancing investments the clerk can make because many of them still are relatively poor. how does the imf...
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Jan 25, 2018
01/18
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BLOOMBERG
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manus: christine lagarde joins bloomberg from the world economic forum. you don't want to miss that. this is bloomberg. ♪ anna: this is "bloomberg daybreak: europe." over in davos, they wait with anticipation. trump is set to land with an american first message. what will he say to the assembled attendees? we will be speaking to theresa may live from the world economic forum. we have u.k. politics to update you on. saleh around just saudi aramco ceo says the most important -- will fluctuate with the price of oil. speaking to francine lacqua, he talked about the company's ipo plan says the decision is still being made. >> as a company, we are ready to be listed in the second half of 2018. the transaction team that will carry that is waiting for the .ecision from the shareholders the venues that will be listed. because there's certain work any to be done in preparation for listing on the stock exchange. as a company, we are ready. hopefully we will be listed by second half of 2018. it is all depending on [indiscernible] -- francine: do you think the gover
manus: christine lagarde joins bloomberg from the world economic forum. you don't want to miss that. this is bloomberg. ♪ anna: this is "bloomberg daybreak: europe." over in davos, they wait with anticipation. trump is set to land with an american first message. what will he say to the assembled attendees? we will be speaking to theresa may live from the world economic forum. we have u.k. politics to update you on. saleh around just saudi aramco ceo says the most important -- will...
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Jan 28, 2018
01/18
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CSPAN
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i have christine lagarde to my left. i think she has been a member of this panel for quite a long time. is theleft -- she managing director of the international monetary fund. next to her is the governor to me, but to others is the governor of the bank of england. lam, theeft is carrie chief executive of hong kong. governor ofeft is the bank of japan who has been a friend of mine for 40 years. we met at oxford. mary callahant is which is chief executive officer at j.p. morgan. i am looking very -- i am looking for very much to this panel. so, let's start with the short-term economic outlook and , --have just recently forecasting growth for this year and next -- so, what could go wrong? [laughter] celebrate what could go right for the moment because we are in a sweet spot, as i said. 3.9 is not bad. what is more interesting is 120 countries have actually seen their growth increase last year, and the only have about 1/5 of the emerging and developing countries that are seeing their gdp on a per capita basis decline. so, it
i have christine lagarde to my left. i think she has been a member of this panel for quite a long time. is theleft -- she managing director of the international monetary fund. next to her is the governor to me, but to others is the governor of the bank of england. lam, theeft is carrie chief executive of hong kong. governor ofeft is the bank of japan who has been a friend of mine for 40 years. we met at oxford. mary callahant is which is chief executive officer at j.p. morgan. i am looking very...
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Jan 28, 2018
01/18
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CSPAN
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taking part, christine lagarde, the managing director of the international monetary fund. this is just over an hour. so, i am delighted again to be moderating the global economic outlook. one would have to agree, it was rather and he unusual warm-up act. [laughter]
taking part, christine lagarde, the managing director of the international monetary fund. this is just over an hour. so, i am delighted again to be moderating the global economic outlook. one would have to agree, it was rather and he unusual warm-up act. [laughter]
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Jan 31, 2018
01/18
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BBCNEWS
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christine lagarde was at the world economic forum last week and talking about global economy and its outlook. it highlights the facts thatjob its outlook. it highlights the facts that job need to its outlook. it highlights the facts thatjob need to be created in many key economies in the middle east.- million new people coming into the workforce in the middle east with already unemployment of years up to 2596. already unemployment of years up to 25%. clearly, the iranian problems are earlier in the year, a lot of it has been driven by economics, the population not having a sustainable standard of living and her warning isa standard of living and her warning is a serious and important one. we are seeing some is a serious and important one. we are seeing some moves is a serious and important one. we are seeing some moves in the old state trying to reorientate the economy. “— state trying to reorientate the economy. —— gulf state. $107 billion sees in saudi corruption story from the back end of last year also. the shift is happening. she talks about urgent action, really stressi
christine lagarde was at the world economic forum last week and talking about global economy and its outlook. it highlights the facts thatjob its outlook. it highlights the facts that job need to its outlook. it highlights the facts thatjob need to be created in many key economies in the middle east.- million new people coming into the workforce in the middle east with already unemployment of years up to 2596. already unemployment of years up to 25%. clearly, the iranian problems are earlier in...
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Jan 25, 2018
01/18
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BBCNEWS
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. —— christine lagarde from the imf. there is a split from the messages coming out from the european leaders are saying that we need to work together. they want a strong europe which i think is important. they are saying that the world needs to work together. this is how we survive and particularly the uk, how the uk has been so successful. it reached out to the re st of successful. it reached out to the rest of the world and invited the re st of rest of the world and invited the rest of the world and invited the rest of the world and invited the rest of the world in. was the heart of our success. talking about the uk, theresa may will deliver a speech this afternoon here. she has a strong message for internet companies, again. she has spoken about this many times, about them being more responsible about the wrecks dream is material and the hate speech, the fake on their platforms. today she will appeal to the delegates he ran to the investors, the shareholders and say that you can have an impact if you choose social inv
. —— christine lagarde from the imf. there is a split from the messages coming out from the european leaders are saying that we need to work together. they want a strong europe which i think is important. they are saying that the world needs to work together. this is how we survive and particularly the uk, how the uk has been so successful. it reached out to the re st of successful. it reached out to the rest of the world and invited the re st of rest of the world and invited the rest of...
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Jan 25, 2018
01/18
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CNBC
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lagarde. you will want to tune in to that that kicks off at 11:00 a.m. local time our u.s. colleagues sought to get clarification from wilbur ross as well as getting opinions of those on wall street. some of the biggest names weighing in on those comments in davos. >> i was there with steve when he said what he said i don't think that's exactly what he said i think he said the dollar market is like the bond market, a huge market, not something we worry about day by day i think that's the intention -- >> so he was not advocating a weaker dollar? >> no. he was not advocating anything he was saying it's not the world's biggest concern to us. >> what you have today is a strong u.s. economy and an even stronger than expected japan, europe, china. so very often the value of the dollar relates to relative strength i think it's fine if it's weak in the short-term. >> provided the weaker dollar is happening for the right reasons, makes manufacturing, exports, the u.s. economy more competitive. the othe
lagarde. you will want to tune in to that that kicks off at 11:00 a.m. local time our u.s. colleagues sought to get clarification from wilbur ross as well as getting opinions of those on wall street. some of the biggest names weighing in on those comments in davos. >> i was there with steve when he said what he said i don't think that's exactly what he said i think he said the dollar market is like the bond market, a huge market, not something we worry about day by day i think that's the...
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managing director christine lagarde however said she hoped menuhin would quote clarify his comments and suggested that the recent trouble tax cuts would push the dollar's value higher. as puerto rico struggles to recover from hurricane maria the island's leaders announced late wednesday that they won't be able to pay back any portion of that seventy billion dollars debt for at least five years their original plan for puerto rico to pay creditors three point six billion dollars through two thousand and twenty two in order to start paying off their massive debt but now puerto rico's governor ricardo rosello says that the budget is expected to go into deficit by two to three billion dollars annually for five years the details are outlined in a plan submitted to the federal oversight board that congress gave control over the u.s. territory the government also estimates more than two hundred sixty two thousand people will leave the island in twenty eighteen an estimated population loss of about seven point seven percent. bank of america customers took to protesting after the banking giant ma
managing director christine lagarde however said she hoped menuhin would quote clarify his comments and suggested that the recent trouble tax cuts would push the dollar's value higher. as puerto rico struggles to recover from hurricane maria the island's leaders announced late wednesday that they won't be able to pay back any portion of that seventy billion dollars debt for at least five years their original plan for puerto rico to pay creditors three point six billion dollars through two...
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Jan 22, 2018
01/18
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BBCNEWS
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christine lagarde pictured, the managing director of the imf. the great and the good of the world stage, they get together and chat, it must. absolutely. the front pages are split. —— get together and chat, it must be a good thing. theresa may will be outnumbered by remain supporters such as angela merkel. tony blair is going to be there. will she meet trump? that's the big question. they are supposed to. rumours are he isn't happy. it might be cordial. but then you have john mcdonnell who has been sneering at all of these people all of these years. the scene is set for a jolly time. it's a strange concept that all of these world leaders meet in this very beautiful but also snowbound mountain top in switzerland. it gives the ft a great picture to lead on. they are not big on pictures on their front pages, are they? exactly. it is a talking shop. the great and the good meat to go through the big economic issues of the day. the new look guardian. do we like the new look?|j of the day. the new look guardian. do we like the new look? i really li
christine lagarde pictured, the managing director of the imf. the great and the good of the world stage, they get together and chat, it must. absolutely. the front pages are split. —— get together and chat, it must be a good thing. theresa may will be outnumbered by remain supporters such as angela merkel. tony blair is going to be there. will she meet trump? that's the big question. they are supposed to. rumours are he isn't happy. it might be cordial. but then you have john mcdonnell who...
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Jan 23, 2018
01/18
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BLOOMBERG
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christine lagarde saying many threats remain. >> this comes from the crisis. the low productive fifment the aging pop laying. on and on and on. and future potential growth. all of that will continue to weigh on medium term prospects. >> protests erupted in the israeli parliament. the u.s. confirmed it will move the ebbity to jerusalem before the end of next year. several arab lawmakers were tossed out for heckling vice president mike pence. n brussels, abbas urged europe to recognize a palestinian state. global news 24 hours a day powered by more than 27 on that journalists and analysts in more than 200 countries. let's cross over to singapore now. juliette? >> it is another day of record highs for the regional benchmark index. we had aversion of the government shutdown in the u.s. we are following through on that lead here in asia. the hong kong index on a lunch break. he -- we continue to see the financial players really push. the asx 200 has not had great week at powerful it is coming back. up boy is .7%. that is thanks to momentum you're seeing in the ener
christine lagarde saying many threats remain. >> this comes from the crisis. the low productive fifment the aging pop laying. on and on and on. and future potential growth. all of that will continue to weigh on medium term prospects. >> protests erupted in the israeli parliament. the u.s. confirmed it will move the ebbity to jerusalem before the end of next year. several arab lawmakers were tossed out for heckling vice president mike pence. n brussels, abbas urged europe to...
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Jan 18, 2018
01/18
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BLOOMBERG
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it will be interesting to hear mann's comments today, and christine lagarde's snack -- snapback. european stocks underway. we are in the green early. hong kong added to their surge. mark rich has joined us on set. we were hearing from vanguard earlier on suggesting they were a little choppy. what is your sense of the market right now. >> the way we have been thinking about markets the last couple of pillars,there are four the increase in the macro data has been supportive of that picture. the start of the earnings season looks ok. are raising orange flags. fundamentals are green. we see the increase in profitability. sentiment is what we are paying the most attention to. ,e recognize this bull market more the british pervasive sentiment. we are doing more work on paying attention to come up what is it can help you in small tactical moves. what tends to happen is your attempted to sell and you never get back in at the right time. you never make enough added value. i wonder what you think about the industry groups. today, for example, we see asml open up 2.5%, and all of these tech
it will be interesting to hear mann's comments today, and christine lagarde's snack -- snapback. european stocks underway. we are in the green early. hong kong added to their surge. mark rich has joined us on set. we were hearing from vanguard earlier on suggesting they were a little choppy. what is your sense of the market right now. >> the way we have been thinking about markets the last couple of pillars,there are four the increase in the macro data has been supportive of that picture....
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Jan 23, 2018
01/18
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LINKTV
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imf chief christine lagarde pointed out what she felt was a glaring omission in movies address. gender inequality hot button topic wp apps organizers had can be a first ever all women cast of co shares. but women still only make up one in five attendees at devil'. the uk's competition and markets authority have ruled out the murdoch family would have to o much influence ovr the british media. they serve it allows twenty first century fox to pick up the pan european bloc because despite the sixty billion dollars. the regulator has however left open possible remedies including inspspiration sign use on te murdoch family's influence regulations in the u united states and europope need to clear the proposedd merger. the british government will now have to decide if it wants to act on the provisional finding and block the deal. job cuts are on the because can't fool the french retailer announced its axing twenty four hundred jobs and shutting around two hundred seventy stores here in france. who says it wants to increase its investment in economist it be to take out i was on and whil
imf chief christine lagarde pointed out what she felt was a glaring omission in movies address. gender inequality hot button topic wp apps organizers had can be a first ever all women cast of co shares. but women still only make up one in five attendees at devil'. the uk's competition and markets authority have ruled out the murdoch family would have to o much influence ovr the british media. they serve it allows twenty first century fox to pick up the pan european bloc because despite the...
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Jan 22, 2018
01/18
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BBCNEWS
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christine lagarde has got a different role here this year. she is here in her role as managing director of the imf but she is the co—chair of this yea r‘s world but she is the co—chair of this year's world economic forum. we have several co—chairs this year they are picked because of their outstanding leadership and they all women this year. that is very important because here in davos they want to talk about female empowerment and the momentum of things gender inequality in terms of pay. it is a big story here. christine lagarde is pushing that message herself as opposed to the imf‘s global economic outlook. but just to say the imf‘s global economic outlook. butjust to say i will be talking to the chief economist of the imf later on this afternoon, once they have delivered their numbers for the global economy, the uk and europe. let me ask you in more detail about the lord 0'neill comments, he said this will dwarf any negative effects of brexit. but he is adamant those benefits could be even greater if the uk wasn't leaving the e
christine lagarde has got a different role here this year. she is here in her role as managing director of the imf but she is the co—chair of this yea r‘s world but she is the co—chair of this year's world economic forum. we have several co—chairs this year they are picked because of their outstanding leadership and they all women this year. that is very important because here in davos they want to talk about female empowerment and the momentum of things gender inequality in terms of...
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Jan 23, 2018
01/18
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BBCNEWS
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the head of the imf, christine lagarde, raised the issue of income inequality at the world economic forum in davos. growth, in our view, growth, in ourview, needs growth, in our view, needs to be more inclusive. not only across country which has occurred over the course of the last few decades but within countries. the executive leadership of usa gymnastics' has resigned in the wake of the sexual abuse scandal involving former us team doctor larry nassar. nassar has admitted io criminal counts and is currently waiting to be sentenced. sport and manchester united has signed the chilean football player alexis sanchez from english rivals arsenal. reports suggest sanchez will earn about $19.5 million a year after tax at old trafford, as part of a four and a half year contract. more coming up on sport today later. and take a look at these pictures of a russian cosmonaut on board the international space station. he posted a video online of himself "riding" a vacuum cleaner under zero gravity. according to anton shkaplerov, people often asked him if he flew vacuum cleaners on the iss and he deci
the head of the imf, christine lagarde, raised the issue of income inequality at the world economic forum in davos. growth, in our view, growth, in ourview, needs growth, in our view, needs to be more inclusive. not only across country which has occurred over the course of the last few decades but within countries. the executive leadership of usa gymnastics' has resigned in the wake of the sexual abuse scandal involving former us team doctor larry nassar. nassar has admitted io criminal counts...
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Jan 24, 2018
01/18
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BBCNEWS
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lagarde, the managing director of the imf. her argument is, whilst the sun is shining, fix the roof. this is the area where governments need to share. what is your take? the last 20 years, we have already invested more than $100 billion in renewables. in britain we closed all of our coal powered plants. my position is very clear. 195 countries have already signed an agreement to do everything necessary to protect the world and diminish climate change emissions. the time is overand we climate change emissions. the time is over and we need to take actions. when you say 185 countries, you are repairing to the paris climate change agreement which the united states has said this is not happy with. it may withdraw or want changes to it. what impact has that had to its relevance? when you talk about the united states, you talk about the united states, you talk about the united states, you talk about the american administration. it is true that the administration has decided to withdraw from the paris agreement, but i think that there
lagarde, the managing director of the imf. her argument is, whilst the sun is shining, fix the roof. this is the area where governments need to share. what is your take? the last 20 years, we have already invested more than $100 billion in renewables. in britain we closed all of our coal powered plants. my position is very clear. 195 countries have already signed an agreement to do everything necessary to protect the world and diminish climate change emissions. the time is overand we climate...
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managing director christine lagarde however said she hoped menuhin would quote clarify his comments and suggested that the recent trouble tax cuts would push the dollar's value higher. as puerto rico struggles to recover from hurricane maria the island's leaders announced late wednesday that they won't be able to pay back any portion of that seventy billion dollars debt for at least five years their original plan for puerto rico to pay creditors three point six billion dollars through two thousand and twenty two in order to start paying off their massive debt but now puerto rico's governor ricardo rosello says that the budget is expected to go into deficit by two to three billion dollars annually for five years the details are outlined in a plan submitted to the federal oversight board that congress gave control over the u.s. territory the government also estimates more than two hundred sixty two thousand people will leave the island in twenty eighteen an estimated population loss of about seven point seven percent. bank of america customers took to protesting after the banking giant ma
managing director christine lagarde however said she hoped menuhin would quote clarify his comments and suggested that the recent trouble tax cuts would push the dollar's value higher. as puerto rico struggles to recover from hurricane maria the island's leaders announced late wednesday that they won't be able to pay back any portion of that seventy billion dollars debt for at least five years their original plan for puerto rico to pay creditors three point six billion dollars through two...
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Jan 28, 2018
01/18
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BLOOMBERG
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let's start with imf managing director, christine lagarde. christine: we upgraded our forecast for 2018 and 2019. what is characteristic of that upgrade is that it is significant. 3.9% in 2018 and 2019. second, it covers a wide range of countries, not just of the emerging markets leading the charge, not just the advanced economies. it's pretty much across the board, but for some countries which are not seeing a capital -- on a capital basis income , growing, that is primarily the sub-saharan african countries. when you look at japan, the u.s., turkey, some of the big emerging market economies, we have upgraded pretty much across our range of countries. the one that did not get an upgrade is the one the united kingdom. we left it where it was. francine: if we see more protectionism, does it hurt the forecast, going forward? christine: what we see is growth going up but trade even higher than growth. trade is a significant engine of growth, of reducing inequality between countries, as we had ve seen. clearly, trade is has to be fair and in acco
let's start with imf managing director, christine lagarde. christine: we upgraded our forecast for 2018 and 2019. what is characteristic of that upgrade is that it is significant. 3.9% in 2018 and 2019. second, it covers a wide range of countries, not just of the emerging markets leading the charge, not just the advanced economies. it's pretty much across the board, but for some countries which are not seeing a capital -- on a capital basis income , growing, that is primarily the sub-saharan...
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Jan 29, 2018
01/18
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BBCNEWS
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christine lagarde, the head of the imf, has downgraded the forecast for south africa's economy, growth in the south african economy, citing political uncertainty. yes. you have said to me, i am worried about corruption, i am worried about the state of our economy, and i say to you, one very simple solution would be for you, as head of the anc, to say, jacob zuma, you must go, and you must go now. yes, a new dawn is on the horizon. we are now involved in a new era in south africa, there is a new leadership, and this new leadership isjust barely a month old in its position, and we are dealing with this matter and obviously the key matter that everyone wants to see addressed is the tenure that president zuma still has to serve out. constitutionally speaking, he still has 18 months. and within this 18 months, obviously a lot of things can happen, but he and i have agreed that we are going to be meeting regularly, to discuss matters, but it dictates, and by definition, it means that in the course of this, we are also going to discuss the transition. how long is it going to last? how is he f
christine lagarde, the head of the imf, has downgraded the forecast for south africa's economy, growth in the south african economy, citing political uncertainty. yes. you have said to me, i am worried about corruption, i am worried about the state of our economy, and i say to you, one very simple solution would be for you, as head of the anc, to say, jacob zuma, you must go, and you must go now. yes, a new dawn is on the horizon. we are now involved in a new era in south africa, there is a new...
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Jan 18, 2018
01/18
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BLOOMBERG
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christine lagarde says germany should take advantage of its budget surplus to invest in infrastructure such as roads and w railways. increasing public spending is the wrong way to go -- opec has increased its forecast for oil supply growth by rivals such as the u.s. brent crude hit $70 a barrel, raising concern that more oil will come to the market. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg. vonnie: thank you. china boasting its first full year in gdp growth since 2010. underpinning global growth and giving far more room to projects i loveive -- enda, the title on one of our stories -- what dohina gdp these numbers actually reflect? >> when it comes to the data, there's a degree of skepticism, and some of it is justified in legitimate because there's lot of political pressure at the center. they had a growth target for every year and they have to deliver on that. there's the suspicion of currency mutilation. some have admitted that they have manipulated the numbers. it's very hard to m
christine lagarde says germany should take advantage of its budget surplus to invest in infrastructure such as roads and w railways. increasing public spending is the wrong way to go -- opec has increased its forecast for oil supply growth by rivals such as the u.s. brent crude hit $70 a barrel, raising concern that more oil will come to the market. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i'm mark crumpton. this is bloomberg....
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christine lagarde wanted to dig deeper about when it's in meant that briefly who is he going to meet donald trump in doubles. there'll be a dinner that the president is hosting for business leaders we talked about wing investors then he's going to meet the israeli prime minister the u.k. prime minister and there's a meeting with the head of the african union the rwandan president paul kagame if that comes after the reported vulgar language donald trump used when talking about african countries it is it will be a challenging visit for donald trump who was never here invited to davos as a business and all that well and you'll bring us up to date on all those meetings of course no doubt because of hope and of us thank you so much. all the business world currently gathered in davos is also looking to frankfurt right now where the european central bank is meeting the euro zone economy has posted strong growth recently but the e.c.b. has been reluctant to slow down its stimulus program as investors watch insides into the next steps towards us on monetary policy the euro continued to rally
christine lagarde wanted to dig deeper about when it's in meant that briefly who is he going to meet donald trump in doubles. there'll be a dinner that the president is hosting for business leaders we talked about wing investors then he's going to meet the israeli prime minister the u.k. prime minister and there's a meeting with the head of the african union the rwandan president paul kagame if that comes after the reported vulgar language donald trump used when talking about african countries...
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Jan 22, 2018
01/18
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BBCNEWS
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that was christine lagarde. we are getting verdicts from the winchester crown court. we are hearing that two men have been found guilty of murder and a number of other charges. let's go to our correspondent. this was a shocking case at the time. very much so. in the words of the prosecution and the police, this was an absolutely terrible crime. it did happen in april last year. guy hedger was at home with his husband simon ina hedger was at home with his husband simon in a wealthy part of the suburbs of bournemouth, if you like, a couple of miles outside bournemouth, it was 3am in the morning, two masked men burst into their bedroom and demanded jewellery and watches and anything else they had. at that point simon hedger, guy's partner/husband, had. at that point simon hedger, guy's pa rtner/husband, took had. at that point simon hedger, guy's partner/husband, took the two men into another room, saw a panic button, pressed it, that set off an alarm, a loud alarm, at that point guy hedger was shot. he died a couple of hours later. just in the past couple of minutes the
that was christine lagarde. we are getting verdicts from the winchester crown court. we are hearing that two men have been found guilty of murder and a number of other charges. let's go to our correspondent. this was a shocking case at the time. very much so. in the words of the prosecution and the police, this was an absolutely terrible crime. it did happen in april last year. guy hedger was at home with his husband simon ina hedger was at home with his husband simon in a wealthy part of the...
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Jan 29, 2018
01/18
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lagarde to get their take on it >> we encourage innovation, but we want to make sure that all of our financial markets are safe and aren't being used for illicit activities >> there will be new things coming outside of these negotiations we need to make sure we make sure they do not fall to traps that steven was saying >> we should not turn our back towards it, we should embrace it and work towards a global solution if we don't work towards a global solution, it will create systemic issues. >> it was a big night for the music industry with the grammy awards back in new york for the first time in 15 years as frequently the case, politics took center stage, the host of well-known names read excerpts from michael wolff the journalist look "fire and fury" on the white house and also taking part on u.s. ambassador nikki haley as well as donald trump jr in terms of awards, the obvious winner was bruno mars. >> the grammy goes to 24k magic bruno mars >> reporter: music's biggest night, bruno mars, six grammy tweem, sweep. album and record of the year for 24 karat magic. >> i love you guys s
lagarde to get their take on it >> we encourage innovation, but we want to make sure that all of our financial markets are safe and aren't being used for illicit activities >> there will be new things coming outside of these negotiations we need to make sure we make sure they do not fall to traps that steven was saying >> we should not turn our back towards it, we should embrace it and work towards a global solution if we don't work towards a global solution, it will create...
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Jan 18, 2018
01/18
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imf managing director christine lagarde want to germany to increase government spending to boost growth. she says germany should take advantage of its budget surplus to invest more in infrastructure such as roads and railways. presidentndes bank hit back saying that increase spending is the wrong way to go. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. more on germany today. pressure mounting on angela merkel to form a government as some of the top economic minds weigh on germany's future. we are live in frankfurt next. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. mark: from london, i'm mark barton. this is "bloomberg markets." some of the biggest names in financials in germany. the gathering comes as germany is grappling with uncertainty as the spd takes a vote over the weekend on whether to form another grand coalition with angela merkel. joining us from frankford is peter bofinger, a professor of economics at the university of wurzburg. thanks for joining us. it seems as if we have
imf managing director christine lagarde want to germany to increase government spending to boost growth. she says germany should take advantage of its budget surplus to invest more in infrastructure such as roads and railways. presidentndes bank hit back saying that increase spending is the wrong way to go. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. more on germany today. pressure mounting on angela merkel to form...
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Jan 18, 2018
01/18
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christine lagarde wants germany to step up government spending to boost growth. seesmf chief says the fund a strong case for the economy to take advantage of its buzz it -- budget surplus to invest more in public infrastructure such as growth and railways, adding the government should not rule out running a deficit. north and south korea will march under one unified lag during the opening ceremony of next month's winter olympics, the strongest sign yet of an easing in recent tensions. the two koreas have not marched together at an international sporting event since 2007. in singapore, checking markets midsession in asia. we are seeing general upside in these markets for yet another day. we are trying to hold onto those record highs. you can see very strong moves coming from taiwan. of course, getting back to record highs. the nikkei also looking quite strong. a little movement when you look at the currency markets. japanese yen down by about .1% and we are awaiting the data out of china. andese fourth quarter gdp, the industrial production, and retail sales do la
christine lagarde wants germany to step up government spending to boost growth. seesmf chief says the fund a strong case for the economy to take advantage of its buzz it -- budget surplus to invest more in public infrastructure such as growth and railways, adding the government should not rule out running a deficit. north and south korea will march under one unified lag during the opening ceremony of next month's winter olympics, the strongest sign yet of an easing in recent tensions. the two...
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Jan 25, 2018
01/18
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christine lagarde one some clarity on u.s. dollar policy. treasury secretary steve mnuchin says he has been clear and consistent. president trump has landed in says he willhe bring investment back to the united states and tell leaders that america first is good for the world. occam to "bloomberg daybreak." i am david westin along with lisa abramowicz. lisa: let's get you caught up on the action across the board. s&p futures up a little bit. ftse sort of flat. the euro is weakening slightly before the key mario draghi speech. high, thehing another highest level since december 4, 2014. david: we have time for a very short daybreak first aid. we want to talk about the ecb, the dollar, and president trump. the ecb. lisa: the ecb is facing an economy that is recovering and not just recovering, but is definitely gaining steam in the eurozone. the question is, will they announced some kind of ending of their bond purchase program and will they try to talk down that euro? the euro has been strengthening against the dollar. david: it is not just the
christine lagarde one some clarity on u.s. dollar policy. treasury secretary steve mnuchin says he has been clear and consistent. president trump has landed in says he willhe bring investment back to the united states and tell leaders that america first is good for the world. occam to "bloomberg daybreak." i am david westin along with lisa abramowicz. lisa: let's get you caught up on the action across the board. s&p futures up a little bit. ftse sort of flat. the euro is weakening...
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Jan 28, 2018
01/18
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if he could get out of his way, christine lagarde opened davos and said not only is it better than the last ten years, but trump's tax bill is a piece of the reason for that. if he could sit back and let the economy do its work and let as many competent advisors work it would be fine. the big news this week is trump tried to fire mueller and he was being restrained. continually trump is his worst enemy. >> zanny, very quickly, do you think when you listen to all this what was going on at davos, do you think that they were giving trump credit? in other words, particularly european ceos you know very well, they are not very -- they are hostile to trump, openly hostile. did they change their minds? >> they are openly hostile to many of the things trump does but delighted the fact their share prices are soaring and the american economy is booming and i was struck to the degree european ceos were happy to say the tax cut was great for them, too. i think ceos were quick to turn their tune and i thought there was a remarkably quick shift in opinion there. i agree that much of it is not justif
if he could get out of his way, christine lagarde opened davos and said not only is it better than the last ten years, but trump's tax bill is a piece of the reason for that. if he could sit back and let the economy do its work and let as many competent advisors work it would be fine. the big news this week is trump tried to fire mueller and he was being restrained. continually trump is his worst enemy. >> zanny, very quickly, do you think when you listen to all this what was going on at...
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Jan 24, 2018
01/18
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we have christine lagarde and steve mnuchin who has made a splash as he arrived talking about the prospects of the trump administration going forward all of these people will be on the panel that will happen around 11:00 tomorrow. >> earlier today you had a chance to sit down with the italian prime minister, talking about the elections coming up, also questions about whether, in fact, he would form a coalition with the former leader, silvio berlusconi >> absolutely. i began by asking the prime minister about what the impact would be of a hung parliament. at the moment, as you look at the polls, that looks like the most likely outcome. italy has had a decent period in recent years coming out of the funk of the global financial crisis what would a hung parliament mean for policymaking and stability? let's listen to what he had to say. >> we hope that this will not be the case, and that the center left that i represent will have a majority in any case, i think we'll be the pillar of a possible coalition in our country we have a certain expertise in flexible, ility in politics in country. what
we have christine lagarde and steve mnuchin who has made a splash as he arrived talking about the prospects of the trump administration going forward all of these people will be on the panel that will happen around 11:00 tomorrow. >> earlier today you had a chance to sit down with the italian prime minister, talking about the elections coming up, also questions about whether, in fact, he would form a coalition with the former leader, silvio berlusconi >> absolutely. i began by...
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Jan 25, 2018
01/18
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but just to take the heat off you for a moment here, madam christine lagarde, we spent times in years focusing on the risks of currency wars and verbal intervention in currencies, and countries using the opportunity to talk down the value of their own currencies as a way of getting trade advantage. the imf has been very clear, i think, on its attitude towards that give than we are seeing tariffs introduced by the u.s. administration on asian products, and nonintervention in the dollar as far as the treasury secretary is concerned at this point, are you worried that actually we may be headed down a road where we may see response from other nations who worry this weaker dollar will disadvantage them in terms of trade relationship with the united states? >> well, let me backtrack. at least mention to begin with that the current global economy where it stands is in a sweet spot we don't focus on the latest statement by so and so that's fine withthe media. let's look at the global economy. at the moment, it's moving at a pretty solid rate. we forecast 3.9% growth next year 3.9% growth the
but just to take the heat off you for a moment here, madam christine lagarde, we spent times in years focusing on the risks of currency wars and verbal intervention in currencies, and countries using the opportunity to talk down the value of their own currencies as a way of getting trade advantage. the imf has been very clear, i think, on its attitude towards that give than we are seeing tariffs introduced by the u.s. administration on asian products, and nonintervention in the dollar as far as...
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Jan 15, 2018
01/18
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time as christine lagarde has been saying to fix the roof while the sun is shining. i hope this is a year of opportunity. >> is that what china is doing with this deleveraging campaign, which is likely to intensify? some say it will knock off a few points of growth, but is this time to tackle the debt to gdp ratio? >> this is the time. the leadership decided to elevate financial stability as a national objective alongside of growth. last year, the central bank and the regulators and supervisors have taken important steps to fix the problems that were arising within the financial system, the complexity of institutions, lending operations across institutions. i think it surprised everyone, including the markets, that they were able to make important strides to contain that without sacrificing growth. able to aeven been the growth rate of credit somewhat without sacrificing growth. my reading of market reaction is that this has impressed the markets. we are not seeing the external pressures on china that we were seeing. we are not seeing reserves declining. we are seein
time as christine lagarde has been saying to fix the roof while the sun is shining. i hope this is a year of opportunity. >> is that what china is doing with this deleveraging campaign, which is likely to intensify? some say it will knock off a few points of growth, but is this time to tackle the debt to gdp ratio? >> this is the time. the leadership decided to elevate financial stability as a national objective alongside of growth. last year, the central bank and the regulators and...
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Jan 24, 2018
01/18
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and in fact, somewhere over there is the managing director of the imf, christine lagard. >> i'm name dropping and listing out these vast group of world leaders and rich people who are there. it doesn't make it insignificant but this is the elite of the world. a place whereby the way, then businessman donald trump wasn't invited. he's there now as president and it could -- it could cut a striking contrast. you're using the phrase elite as a perjorative -- don't me get me yong, there are the wealthy, others concerns with ngos and others. let's get to the real heart of it. what do they want to get to from the u.s. president? they need to understand exactly what america first means. not just the rhetoric that we heard yesterday from the white house when the president signed the solar panels and washing machine tear i haariffs but on r scale. remember one other point, the 11 other countries part the tpp, the trans pacific trade partnership, the very thing donald trump ditched on the first day in office, those other 11 countries have come together and said we're going to go ahead whether p
and in fact, somewhere over there is the managing director of the imf, christine lagard. >> i'm name dropping and listing out these vast group of world leaders and rich people who are there. it doesn't make it insignificant but this is the elite of the world. a place whereby the way, then businessman donald trump wasn't invited. he's there now as president and it could -- it could cut a striking contrast. you're using the phrase elite as a perjorative -- don't me get me yong, there are...
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Jan 23, 2018
01/18
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christine lagarde welcomed the report but says threats remain. de: the aging population and on and on and ofure population growth, all that will continue to weigh on medium-term prospects. >> protests corrupted in the israeli parliament about jerusalem. lawmakersi arab protested as vice president mike pence said the state department has been told to begin preparations immediately. palestinian president mahmoud abbas called for europe to step forward and replace the u.s. as the leading middle east arbiter. global news 24 hours a day powered by our 2,700 journalists and analysts in more than 120 countries. i am debra mao. this is bloomberg. under scrutiny after a policy meeting, needing to show the usual confidence that inflation is going in the right direction while also calling on policy normalization. anchor: let's get more details from the ground with policy editor kathleen hays. it is fairly cold. a fairly tricky balancing act, i would think, for kuroda. kathleen: again, david, as you are, in tokyo, snowfalls either.cted nine inches overnight.
christine lagarde welcomed the report but says threats remain. de: the aging population and on and on and ofure population growth, all that will continue to weigh on medium-term prospects. >> protests corrupted in the israeli parliament about jerusalem. lawmakersi arab protested as vice president mike pence said the state department has been told to begin preparations immediately. palestinian president mahmoud abbas called for europe to step forward and replace the u.s. as the leading...
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Jan 22, 2018
01/18
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we heard from christine lagarde the concerns are will the benefits be shared? there are still too many people left out of recovery and acceleration of growth. in fact about one fifth of emerging and developing countries, one fifth of emerging and developing countries, saw their per capita income decline in 2017. a very big bill in venice — for four steaks, a plate of fried fish, water and service four japanese tourists got hit for 1,143 euros — that's $1,347! this is the actual bill. this happened in the italian city of venice, in the famous st mark's square. they complained about the bill to the police and the mayor of venice says: tweet @luigibrugnaro "if this disgraceful episode is confirmed, we'll do all we can to punish those responsible. we are forjustice — always!" so is this a frequent problem in venice? here's marco gasparinetti from a venice residents' forum. i would say this may happen in many different cities, paris included. there were so many million tourists are there just there were so many million tourists are therejust for a there were s
we heard from christine lagarde the concerns are will the benefits be shared? there are still too many people left out of recovery and acceleration of growth. in fact about one fifth of emerging and developing countries, one fifth of emerging and developing countries, saw their per capita income decline in 2017. a very big bill in venice — for four steaks, a plate of fried fish, water and service four japanese tourists got hit for 1,143 euros — that's $1,347! this is the actual bill. this...
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Jan 25, 2018
01/18
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we'll tell you what leaders like christine lagarde and larry fink said about the need for regulation in the world of crypto the "closing bell" is back in two minus.te is the monolithic view of emerging markets obsolete? at pgim, we see alpa in the trends, driving specific sectors of out performance. where a rising middle class powers a booming auto industry. a leap into the digital era draws youthful populations to mobile banking and e-commerce. trade and travel surge between emerging markets. everyday our 1,100 investment professionals around the world search out opportunities for alpha. partner with pgim, the global investment management businesses of prudential. i thyou never got the brakes looked at?l... oh yeah. no. at cognizant, we're helping today's leading manufacturers make things that think and do automatically. imagine that, a world of new digital products and services all working together for you. can i borrow the car when it's back? get ready, because we're helping leading companies see it- and see it through-with digital. >>> welcome back another interesting day. kind o
we'll tell you what leaders like christine lagarde and larry fink said about the need for regulation in the world of crypto the "closing bell" is back in two minus.te is the monolithic view of emerging markets obsolete? at pgim, we see alpa in the trends, driving specific sectors of out performance. where a rising middle class powers a booming auto industry. a leap into the digital era draws youthful populations to mobile banking and e-commerce. trade and travel surge between emerging...
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Jan 24, 2018
01/18
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but christine lagarde says the bold and timely reforms have environment that reduced inequality in the african nation. let's go back to davos. haslinda has a perfectly timed guest. haslinda: we have the african bank chief. it is perfect timing. 12ernor, the rand has broken to the dollar. what do you make of where it is right now? nk -- the central ba francine: but are you comfortable with where the brand rand is? >> we do not talk at the extreme trade. it is a very important input. i think what we need to be asking is, what is the strength of the rand? francine: what is different this year? nt this is differenc year from leicester? south africa has these very good institutions and we have demonstrated that what you have seen since december in south .frica has been ill confidence having said that, the .conomy remains fragile >> certainly, the economy is fragile. he will have to revise their group. we had to balance the rift. we thought about the appropriate systems, taking what they offer. francine: where will rates be,d the fundamentals? is there no need to look at another rate hike? w
but christine lagarde says the bold and timely reforms have environment that reduced inequality in the african nation. let's go back to davos. haslinda has a perfectly timed guest. haslinda: we have the african bank chief. it is perfect timing. 12ernor, the rand has broken to the dollar. what do you make of where it is right now? nk -- the central ba francine: but are you comfortable with where the brand rand is? >> we do not talk at the extreme trade. it is a very important input. i...
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Jan 24, 2018
01/18
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. >> reporter: global inequality is another major topic, said christine lagarde, the managing director of the international monetary fund. >> there are still too many people who are left out of that recovery and acceleration of growth. >> reporter: the week's most anticipated speaker is perhaps its unlikeliest: president trump, who'll be rubbing elbows with the very same folks he berated on the campaign trail. >> this wave of globalization has wiped out totally, totally our middle class. >> reporter: it's the first time a sitting u.s. president has attended the forum, since bill clinton in 2000. mr. trump is bringing much of his team here. top white house advisers previewed the trip yesterday, and were asked, in essence, why he's going to a forum that goes against his "america first" agenda. economic adviser, gary cohn: >> "america first" is not "america alone." the president is going to davos to speak to world leaders about investing in the united states. moving businesses to the united states. hiring american workers. >> reporter: but president trump won't be welcomed by everyone. >>
. >> reporter: global inequality is another major topic, said christine lagarde, the managing director of the international monetary fund. >> there are still too many people who are left out of that recovery and acceleration of growth. >> reporter: the week's most anticipated speaker is perhaps its unlikeliest: president trump, who'll be rubbing elbows with the very same folks he berated on the campaign trail. >> this wave of globalization has wiped out totally, totally...
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Jan 19, 2018
01/18
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the german chancellor is scheduled to meet with the imf, christine lagarde in berlin. that could be interesting given comments made recently about the amounts of money germany should be willing to spend. president u.s. vice is due to embark on his delayed to the middle east. juliette saly is standing by in singapore. hsbc has agreed to pay 100 million dollars in penalties to resolve a u.s. justice department investigation into the rigging of currency rates. it is part of a probe that has led to the conviction of one of its former bankers and charges against another. deferredred into a agreement with prosecutors and promised to help with a criminal case against former traders and other individuals in the matter. the ceo of hna group's has canceled plans to attend next week's meeting. whyasn't immediately clear he decided to pull out. a representative couldn't immediately comment when contacted. meanwhile, the company has halted its shares from trading in shenzhen ahead of a major announcement to becoming. -- to the coming. -- two becoming. -- two be coming. be coming. t
the german chancellor is scheduled to meet with the imf, christine lagarde in berlin. that could be interesting given comments made recently about the amounts of money germany should be willing to spend. president u.s. vice is due to embark on his delayed to the middle east. juliette saly is standing by in singapore. hsbc has agreed to pay 100 million dollars in penalties to resolve a u.s. justice department investigation into the rigging of currency rates. it is part of a probe that has led to...
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Jan 25, 2018
01/18
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christine lagarde one some clarity on u.s. dollar policy. treasury secretary steve mnuchin says he has been clear and consistent. president trump has landed in says he willhe bring investment back to the united states and tell leaders that america first is good for the world. occam to "bloomberg daybreak." i am david westin along with lisa abramowicz. lisa: let's get you caught up on the action across the board. s&p futures up a little bit. ftse sort of flat. the euro is weakening slightly before the key mario draghi speech. high, thehing another highest level since december 4, 2014. david: we have time for a very short daybreak first
christine lagarde one some clarity on u.s. dollar policy. treasury secretary steve mnuchin says he has been clear and consistent. president trump has landed in says he willhe bring investment back to the united states and tell leaders that america first is good for the world. occam to "bloomberg daybreak." i am david westin along with lisa abramowicz. lisa: let's get you caught up on the action across the board. s&p futures up a little bit. ftse sort of flat. the euro is weakening...
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Jan 22, 2018
01/18
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the report coincides with the start of the world economic forum in switzerland where christine lagarde, the managing director of the imf, raised the issue of income inequality. global growth has been accelerating since 2016, and all signs point to a continuous strengthening of that growth. this year, in 2018, and next year, in 2019. so this is very welcome news. growth, in our view, needs to be more inclusive. not only across country, which has occurred over the course of the last few decades, but within countries, and some areas of focus, in our view, require training for workers that are displaced or at risk of being displaced by new technologies and globalisation. we need those new opportunities for workers at risk we'd need new opportunities for young people, and we need new opportunities for women as well. and then being included safely in the workplace. two things i want to pick up on, first of all of the number of top people that china is sending. you might remember that president xi did quite well out of davos last year, a p pa re ntly quite well out of davos last year, apparen
the report coincides with the start of the world economic forum in switzerland where christine lagarde, the managing director of the imf, raised the issue of income inequality. global growth has been accelerating since 2016, and all signs point to a continuous strengthening of that growth. this year, in 2018, and next year, in 2019. so this is very welcome news. growth, in our view, needs to be more inclusive. not only across country, which has occurred over the course of the last few decades,...
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Jan 23, 2018
01/18
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we will discuss it tomorrow morning here -- i will, with christine lagarde. leaders,in those leaders in general, there is, underneath, and impatient -- in patients to hit the glass ceiling more and more. had a response woman who say faster, faster, faster? jane: the energy is wonderful. wiser, wiser, wiser would also be some council. want are 26,000 women who to run for public office this year, according to emily's list. that was terrific kid iran, it was called the "year of -- when i ran, it was called the "year of women." tom: to get back to international relations, it is europe ascendant. major credis getting for going around the world. does our president need to show the flag, get out there, meet the people? jane: i think he shows the flag and his america first mantra. what he needs to show is america is willing to partner in a new world. this is not a bipolar or unipolar world, it's a multipolar world. india is rising, russia is meddling. thus, the fact that powers bottom up because of social media. social media titans have more power than other countrie
we will discuss it tomorrow morning here -- i will, with christine lagarde. leaders,in those leaders in general, there is, underneath, and impatient -- in patients to hit the glass ceiling more and more. had a response woman who say faster, faster, faster? jane: the energy is wonderful. wiser, wiser, wiser would also be some council. want are 26,000 women who to run for public office this year, according to emily's list. that was terrific kid iran, it was called the "year of -- when i ran,...
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Jan 23, 2018
01/18
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managing director christine lagarde welcomed reports that says threats remain. >> from the crisis, low-carb you -- activity, aging trip -- population, and future potential growth. all of that will continue to weigh on medium-term prospects. reporter: the asian infrastructure investment bank says it wants to sell dollar bonds and is open to securities and other currencies. has expanded bank to 84 member nations from 57 when it opened two years ago, and wants to raise the figure to 90. the president says he's ready to go to market now, although the size and tenor of the offering is not yet complete. global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. i'm jessica summers. this is bloomberg. president trump has made his first big move on trade, targeting agent with tariffs on solar and washing machines. samsung just responded, saying the decision is a "great loss" for u.s. workers and consumers. let's bring in america's power and gas editor from san francisco. what does the president expect to gain from all of this? >> thank you for having m
managing director christine lagarde welcomed reports that says threats remain. >> from the crisis, low-carb you -- activity, aging trip -- population, and future potential growth. all of that will continue to weigh on medium-term prospects. reporter: the asian infrastructure investment bank says it wants to sell dollar bonds and is open to securities and other currencies. has expanded bank to 84 member nations from 57 when it opened two years ago, and wants to raise the figure to 90. the...
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Jan 26, 2018
01/18
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lagarde of the imf, president trump weighed in to calm things down a bit and putting a little emphasis on the other side of he equation that ultimately would like to see a strong dollar. it is a consistent line, but in thes a difference terms of officials focusing on the two different parts of the equation and how traders are reacting to it. >> in the meantime, as you mentioned, they are talking about both sides of their mouse has president trump put a floor under the dollar? >> he certainly gave the dollar a kick. by the yen.en rose it hasn't come back to where it downefore the latest leg that was taken because of the mnuchin comments. taking a step back, the market seems to want to take the dollar lower at this point. u.s. equities are extremely richly valued relative to european and japanese. the european and japanese central banks are slowly starting to wind back the monetary stimulus catching up to the federal reserve. there are a number of fundamental reasons for the dollar to weaken further. in this focus by the trump administration on trade protectionism has again restored this
lagarde of the imf, president trump weighed in to calm things down a bit and putting a little emphasis on the other side of he equation that ultimately would like to see a strong dollar. it is a consistent line, but in thes a difference terms of officials focusing on the two different parts of the equation and how traders are reacting to it. >> in the meantime, as you mentioned, they are talking about both sides of their mouse has president trump put a floor under the dollar? >> he...
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42
Jan 18, 2018
01/18
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BLOOMBERG
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imf managing director christine lagarde wants germany to increase government spending to boost growth and says they should take advantage of their budget surplus to invest more in infrastructure. the bundesbank president hit back, saying increasing public spending is the wrong way to go. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am kailey leinz. this is bloomberg. david: overnight, china announced strong economic numbers for 2017, with gdp growing at 6.9%. that is the first time it sped up its growth since 2010. the blue line is the growth of credit. as we go through these numbers, enda curran from hong kong. let me start with you. welcome, dawn. i thought that china was keeping the thing going until the 19th party of congress and maybe it would drop off but it is not. donald: that was the expectation. it feels as if they have the economy on cruise control and are not willing to step back. glad -- china is a global story. europe is driving the band for exports out of china, a miss contributor to china's growth, giving
imf managing director christine lagarde wants germany to increase government spending to boost growth and says they should take advantage of their budget surplus to invest more in infrastructure. the bundesbank president hit back, saying increasing public spending is the wrong way to go. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am kailey leinz. this is bloomberg. david: overnight, china announced strong economic numbers for...